Crane Industries has three activity cost pools and two products. It expects to produce 3,200 units...

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Crane Industries has three activity cost pools and two products. It expects to produce 3,200 units of Product SZ09 and 1,200 of Product NZ16. Having identified its activity cost pools and the cost drivers for each pool, Crane accumulated the following data relative to those activity cost pools and cost drivers. Activity Cost Pool Machine set-ups Assembling Inspection Machine set-ups Calculate the overhead rates. Assembling Inspection Cost Driver Set-ups Machine hours SZ09 $ Inspections NZ16 $ $ $ $ $ Estimated Overhead $76,950 340,100 7,500 405 Assign the overhead cost to the two products. Estimated Use of Cost Drivers per set-up 75 per inspection 190 17,900 19 per machine hour 100 SZ09 130 NZ16 40 60 10,100 7,800 60 Crane Industries has three activity cost pools and two products. It expects to produce 3,200 units of Product SZ09 and 1,200 of Product NZ16. Having identified its activity cost pools and the cost drivers for each pool, Crane accumulated the following data relative to those activity cost pools and cost drivers. Activity Cost Pool Machine set-ups Assembling Inspection Machine set-ups Calculate the overhead rates. Assembling Inspection Cost Driver Set-ups Machine hours SZ09 $ Inspections NZ16 $ $ $ $ $ Estimated Overhead $76,950 340,100 7,500 405 Assign the overhead cost to the two products. Estimated Use of Cost Drivers per set-up 75 per inspection 190 17,900 19 per machine hour 100 SZ09 130 NZ16 40 60 10,100 7,800 60

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